Overview

• Grupo Construya reported September sales of construction inputs up 1.08% month over month and 6.5% year over year, with January–September 2025 6.9% above the same period in 2024.
• The group said shipments remain nearly 8% below the June–July peak and flagged high financial volatility and unstable weather as ongoing drags; the index tracks private‑sector sales and excludes national public works.
• INDEC’s construction gauge (ISAC) rose 0.5% from July and 0.4% year over year in August, leaving the year‑to‑date up 8% from 2024 on a low comparison base.
• Manufacturing output (IPI) increased 0.6% month over month in August but fell 4.4% versus a year earlier, with 15 of 16 divisions down and only refining of petroleum, coke and nuclear fuels up 4.9%.
• Input trends were highly uneven in August, with asphalt up 61%, mosaics up 32.3% and ready‑mix concrete up 22.5%, while hollow bricks fell 14.7% and gypsum boards dropped 11.5%.